Louisa County board cuts personal-property tax rate 15% and adopts FY2027 budget

The Louisa County Board of Supervisors on April 27 approved a 15% cut to the county’s personal-property tax rate and adopted the fiscal year 2027 operating and capital budgets.

Supervisor Williams moved to reduce the personal-property tax rate from 2.43 to 2.07 per $100 of assessed value — a change he described as a permanent rate reduction rather than a one-time rebate. “A rebate is something that does not necessarily carry through from year to year,” Williams said, arguing a rate change provides lasting relief to residents.

Chair and other supervisors supported the measure, which the board approved unanimously. The board kept the real-estate tax rate at $0.72 per $100 of assessed value.

Separately, the board unanimously adopted the FY2027 operations and maintenance budget after staff noted a planned multi-year software project funded across fiscal years. The capital improvement plan (CIP) for FY2027 was also approved without change.

The board approved a budget supplement requested by Louisa County Public Schools to move multiple capital projects from FY2027 into FY2026 using unspent school turn-back funds; two supervisors disclosed employment with school departments before voting in favor.

The board and staff said the package of actions is intended to pair near-term tax relief with continued investment in schools and capital projects. The most recent procedural step is adoption of the ordinance and budget resolutions at the board meeting; no implementation dates for the new tax rate were specified in the meeting record.